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20110701
20110731
Search Results 0 to 18 of about 19 (some duplicates have been removed)
] >> and to conclude, can we give a big round of applause -- easy part of this project is now done. the hard part comes in operating it for the next three decades. so could be put it together for property management and social services staff? [applause] thank you, everyone, for coming. we are done. mayor lee: thank you, everybody, for coming. i have asked for the roundtable because oftentimes, information about what we're doing this not get expressed in much detail for a lot of the emerging news outlets, so i wanted a special time with the asian roundtable press just to make sure you can get your questions answered about what we're doing and in particular, i wanted to talk about our pension reform, which is one of the most important things that i think i can contribute to the city as the mayor, and of course, what we're putting on the ballot in addition to that this november would be the street repaving bond. i will begin with the pension reform first and then talk about the bond and attempt to answer any questions you have about things we're doing throughout my administration. in january, as you recal
it is at a total capacity for what dpw can do. after three years, we do not want to come back with another big bond. what we would like to try to do is get the street repaving back to the general fund. build up the general fund so that it can cover the streets. it may at the 100%, so we are looking at taking back the vehicle license fee that the state now has. they use it for everything but our streets. we need to take that local decision and get our vehicle license fee back to our streets. the combination of those two will colon -- continue to allow us to have a good pot of money to continue maintaining the streets at a high level. but these three years will only keep us at the current level. it will not get us into a better place because of all of the backlog of streets in disrepair. i want to make sure that we have done enough so that it does not increase fivefold, if we did not do anything. that is the danger. i am spending my saturday -- weekends -- talking to neighborhood groups about pension reform, the street repaving bond. those are two important things we are doing. we will also be introd
the flow -- float in our charter, and that is a big distinction with the alternative proposal that is still being marketed by mr. adachi. it is important for you to know that. that distinction called vested rights. many cities across the country -- when they have not considered the employees' pension has a vested right, they get into legal trouble very quickly. that is why you see litigation around the country sponsored by employee groups who have never been consulted with, being demanded that they pay more into the pension, but there is no consideration of their vested rights. that concept is embedded in our measure were in good and bad times, we share, so they get something out of this reform. because they get something out of it, they are vested in it. the unions continue to view, as i do, that the alternative proposal being sponsored by mr. adachi does not consider vested rights and therefore will be litigated. in that litigation, there is a great chance in my opinion that the proposal will lose. i am not the city attorney, but if you ask the city attorney, as we have -- and we have tha
. the big one that everyone has seen in their lifetime is, when i was a kid, tv was free. across america, it was funded by advertisers. today, the vast majority of americans pay a fee to get television. if the contact mix is right, hard journalism, entertainment, people will pay. all along the spectrum from the complete the paid to be completely ad-funded, you see it all today. one of the crisis we have now is the old model of classified advertising, paying for hard news journalism on paper has broken the, and is being replaced. that business model change had been a constant for 150 years. there are millions of models that work, and will be, and capital can chase them, as you get a 10x return, as you described. >> we want to get to everyone's questions. >> my name is alex. i have heard two major themes about new media. one, that it has a radical democratic potential, low barrier to entry, but i have also heard repeated again and again, in order for your model to be successful, in order for your web site to be successful, you have to hitch your wagon to a large, well-funded, established m
Search Results 0 to 18 of about 19 (some duplicates have been removed)